(Alliance News) - Schroders PLC plans to cut as much as 3% of its workforce, as new Chief Executive Officer Richard Oldfield looks to revive the UK’s largest standalone asset manager, Bloomberg reported on Thursday. Read More
(Alliance News) - The FTSE 100 was called lower on Monday, after Friday's US jobs data strengthened Federal Reserve hawks' hand and made rate cuts less likely. Read More
(Alliance News) - Stock prices in London closed lower on Friday, following a "very strong" US jobs report which arguably "put to bed" hopes of a first-half rate cut. Read More
Schroders PLC - London-based asset and wealth manager - Completes share buyback started in November. Schroders repurchases 6.4 million shares for GBP20.0 million in total. The programme was run by Barclays Bank PLC. The repurchased shares will be held in treasury to meet awards under Schroders's employee share schemes, or otherwise will be cancelled to reduce capital. Read More
(Alliance News) - Stocks were called lower on Friday ahead of the US Fed's preferred inflation gauge, the personal consumption expenditures reading, this afternoon. Read More
(Alliance News) - Schroder BSC Social Impact Trust PLC on Monday said it has adopted the new "sustainability impact" label for London-listed investment companies, while VH Global Sustainable Energy Opportunities PLC has changed its name as part of new listing rules. Read More
Schroders PLC - London-based asset and wealth manager - Starts share buyback worth up to GBP20 million on Wednesday. The buyback will be run by Barclays Bank PLC and be completed by the end of December. The repurchased shares will be held in treasury to meet awards under Schroders's employee share schemes, or otherwise will be cancelled to reduce capital. Read More
(Alliance News) - London's FTSE 100 closed just the wrong side of the line on Tuesday, bucking a more upbeat global mood, weighed by sharp falls in AstraZeneca and Schroders. Read More
(Alliance News) - Stock prices in London were mostly edging higher at midday on Tuesday, as US voters get ready to head to the polls and following news of weakened UK service sector growth. Read More
(Alliance News) - Schroders PLC on Tuesday reported a rise in assets under management in the third quarter, but said net flows from joint ventures and associates turned negative after a positive start to 2024. Read More
(Alliance News) - European equities were higher solidly on Friday afternoon ahead of a key US jobs report, with the FTSE 100 clawing back some post-budget weakness, and the pound nudging above the USD1.29 mark despite weak UK data. Read More
